Congress

• ‘Fiscal Cliff’ May Mean Recession

  By Brian Faler, Bloomberg  |  May 22, 2012

  CBO warns that tax hikes, government spending cuts could squelch U.S. growth.

• JPMorgan Losses Fuel D.C. Debate

  By Phil Mattingly and Silla Brush, Bloomberg  |  May 22, 2012

  Schapiro tells Senate committee that SEC is looking at the bank’s financial disclosures.

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  Ezrati’s Economic Outlook: Prospects for Tax Reform

  By Milton Ezrati  |  May 22, 2012

  There’s common ground in Democratic and Republican proposals.

• More Executives Fight SEC Suits

  By Joshua Gallu, Bloomberg  |  May 22, 2012

  Washington office is now litigating 90 cases, up more than 50% from year ago.

• Postal Service To Shut Plants

  By Angela Greiling Keane, Bloomberg  |  May 17, 2012

  Closing processing centers will result in annual savings of $2.1 bln.

• Congress Impedes Postal Overhaul

  By Michelle Jamrisko and Angela Greiling Keane, Bloomberg  |  May 9, 2012

  Legislators demand change, but oppose many Postal Service proposals.

• Counting Costs Slows Dodd-Frank

  By Steven Sloan, Bloomberg  |  May 7, 2012

  Rule-making at near-halt as lobbyists wield cudgel of cost-benefit analysis.

• Sum of Swap Rules May Hurt Trade

  By Mary Childs and Matthew Leising, Bloomberg News  |  May 3, 2012

  Proposed rules seen boosting costs; Morgan Stanley exec cites ‘multiplier effect’

• Some Swaps Rules Need Work

  By Matthew Leising and Mary Childs, Bloomberg  |  May 1, 2012

  Reforms reduce risk, but ISDA's O'Connor cites 'serious concern' about some policies.

• Average 401(k) 62% Above Low

  By Margaret Collins, Bloomberg  |  May 1, 2012

  Fidelity says average account balance has risen to $74,600, from $46,200 in Q1 2009.